Welwind Energy International Corp.(fka WWEI)

[emperor3605]

china permit process delays all industries

On cnc tonight a one hour special on china business aired. One of those interviewed was the ceo of a hip american clothing line. Several china locations sit vacant still awaiting approvals. He related having to go thru 13 levels of government permits. Level 6 required a copy of the ceo's home utility bill to see if his address matched his passport. In the last conference call Mr Lee seemed surprised that we wanted a specific date of ppa approval. His response was that this is china--they approve on their schedule. It could be months before approval---but if it is eventually received this will be a great investment. Remember that insiders own the most shares--can you imagine how this is driving them crazy as well!